Demand in strata-titled industrial market slows

ACTIVITY in the strata-titled industrial market has gone down significantly, with demand coming mostly from end-users, said property consultancy DTZ Research.

All in all, 224 strata-titled factory units changed hands in Q2, said DTZ, which based its data on caveats downloaded from the URA Realis tool. This brought total transactions in the first half of this year to 523 - 57 per cent fewer than in the corresponding period last year.

Average capital values and rents for conventional industrial space (that is, traditional factories) held steady, based on a basket of private sector-owned properties DTZ tracks.